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For some Minnesotans, the question of where to open an estate may be a bit complicated if the estate owners pass away with assets located in more than one state. For example, some residents in the Twin Cities area may split their time each year between two homes, one in Minnesota and one somewhere else. So where should the legal distribution of assets take place if it isn't clear exactly where the estate owners held permanent residency?

Trusts can be an important means of passing wealth on to succeeding generations. Minnesota residents may be interested to know that one of the heirs to the largest private company in the world, Minneapolis-based Cargill, has died. He was worth an estimated $2.6 billion and was known as a great supporter of education and culture in his community. The man and his brother were beneficiaries of family wealth that was passed down to four generations of Cargill and MacMillans, nine of whom still own about 88 percent of the company.

Science-fiction fans in Minnesota are probably well-acquainted with the author Philip K. Dick. The author, who died in 1982, wrote many popular science-fiction novels in his lifetime, and many of those novels have since been made into movies. However, the trustee of his estate has now filed a lawsuit against the makers of the blockbuster movie "The Adjustment Bureau," which is based on Dick's short story "Adjustment Team."

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To learn more about the firm and how we can assist you, contact Mason & Helmers in St. Paul, Minnesota. Call 651-323-2548 or 877-389-5533 (toll free) to set up an appointment.

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